Is Nintendo debt free?

The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. Nintendo debt/equity for the three months ending June 30, 2022 was 0.00.

Does Nintendo have no debt?

Nintendo has lots of cash and investments and no debt. It pays a dividend (which recently yielded 3.9%), and recently traded at a relatively low price-to-earnings (P/E) ratio of 13. It could be a great power-up for a long-term portfolio. (The Motley Fool has recommended Nintendo.)

How much is Nintendo in debt?

Nintendo long term debt for 2021 was $0B, a NAN% decline from 2020. Nintendo long term debt for 2020 was $0B, a NAN% decline from 2019.

How much cash does Nintendo have?

Nintendo cash on hand for 2021 was $16.378B, a 46.31% increase from 2020.

What is Nintendo cost of equity?

Nintendo Co (OTCPK:NTDOY) WACC % As of today (2023-04-10), Nintendo Co's weighted average cost of capital is 3.26%. Nintendo Co's ROIC % is 44.52% (calculated using TTM income statement data). Nintendo Co generates higher returns on investment than it costs the company to raise the capital needed for that investment.

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Why does it cost 50 cents to make a Nintendo Account?

To verify that a parent or guardian has granted consent, they will need to provide a valid credit card number when setting up a Nintendo Account for the child. A one-time fee of $0.50 is charged to verify that a parent or guardian has provided consent.

Who pays the cost of equity?

In finance, the cost of equity is the return (often expressed as a rate of return) a firm theoretically pays to its equity investors, i.e., shareholders, to compensate for the risk they undertake by investing their capital.

How profitable is Nintendo?

In 2022, Nintendo's net sales amounted to just over 14 billion U.S. dollars, down from almost 16 billion a year earlier. Nintendo is a multinational consumer electronics and software company headquartered in Kyoto, Japan.

What makes Nintendo the most money?

Mario — $30.25 billion

Arguably the most recognizable video game character in the world, Mario has made Nintendo a lot of money over the years, with the Super Mario series alone bringing in nearly $15.9 billion.

Does GameStop have any debt?

The company's debt cost is 0.8%, which is well below the U.S. retail sector's average — 5%, according to a 2020 report by S&P Global Market Intelligence. GameStop's debt corresponds to about 9% of the company's enterprise value, $5.38 billion.

Do companies lose money selling consoles?

Contrary to what a lot of gamers may believe, new game consoles are usually sold at a loss. The respective company then recuperates the money over time with other business transactions, such as software sales and subscription services.

Do game companies lose money on consoles?

Of course, console manufacturers often sell consoles at a loss - with the usual exception of Nintendo. It's a widely accepted business practice to then recoup money elsewhere, such as from software sales (where platform holders take a cut) and subscriptions, such as Xbox Games Pass.

Does Apple owe debt?

Apple long term debt for the quarter ending December 31, 2022 was $99.627B, a 6.57% decline year-over-year. Apple long term debt for 2022 was $98.959B, a 9.3% decline from 2021.

Does Apple have bad debt?

The image below, which you can click on for greater detail, shows that at September 2021 Apple had debt of US$124.7b, up from US$112.4b in one year. However, it does have US$62.6b in cash offsetting this, leading to net debt of about US$62.1b.

Does Apple have debt?

How Much Debt Does Apple Carry? The image below, which you can click on for greater detail, shows that Apple had debt of US$111.1b at the end of December 2022, a reduction from US$122.8b over a year. However, it also had US$51.4b in cash, and so its net debt is US$59.8b.

Is the Nintendo Switch sold at a loss?

Unlike other console manufacturers, Nintendo sells the Switch at a profit. In fact, it gets most of its revenue from hardware sales, with $33.16 billion (or 55%) of that $60 billion coming from consoles.

Is Nintendo still successful?

It has sold 84.59 million units after just 49 months on the market, making it one of the fastest-selling consoles of all time. Games on the system have enjoyed massive sales numbers too. In August 2021, for two consecutive weeks, Nintendo Switch games filled every spot in Japan's Top 30 charts.

Does Nintendo make more money than Xbox?

In terms of operating profit--i.e. how much money a company makes after paying expenses--Nintendo leads with $5.4 billion in terms of publicly disclosed numbers. Sony had an operating profit of $2.63 billion for its gaming division. Microsoft, meanwhile, does not report operating profit for its Xbox division.

Is Nintendo more profitable than Sony?

Sony is richer than Nintendo. According to a financial report by Sony, it had a revenue of US$81.38 billion in 2020. Nintendo's revenue was US$1.60 billion in 2021.

Why is debt cheaper than equity?

Debt is cheaper than Equity because interest paid on Debt is tax-deductible, and lenders' expected returns are lower than those of equity investors (shareholders). The risk and potential returns of Debt are both lower.

Does equity cost more than debt?

Typically, the cost of equity exceeds the cost of debt. The risk to shareholders is greater than to lenders since payment on a debt is required by law regardless of a company's profit margins.

Why is equity more expensive than debt?

Why is too much equity expensive? The Cost of Equity is generally higher than the Cost of Debt since equity investors take on more risk when purchasing a company's stock as opposed to a company's bond.